Santa Monica Cafe for Sale near UCLA Medical Center For SaleRetail

$187,500

$191.33 Price/sq.ft

Property Features

Price per Sq.ft: $191.33

Unit(s) : 1

Sqr.Ft : 980

Sale notes: 6.42 per month

Description & Highlights

Long established and profitable restaurant for sale in the heart of Santa Monica with lots of traffic and great visibility. Coffee Shop business features high quality equipment and a clean modern design. Turn Key food business that is fully licensed and has been operating for many years. Great opportunity to operate a successful cafe in the high income city of Santa Monica, California.

All inventory included in the sale price. Current lease is till 11/30/2021 with option to extend for additional 5 years. $6.42 SF/Month for 980 SF. Gross revenue of $270,00 per year with a net of $75K per year.